The Rs 8,000 Crore Visakhapatnam Light Metro Rail Project To Be Executed Under PPP (Public-Private Partnership) Mode

The Rs 8,000 Crore Visakhapatnam Light Metro Rail Project To Be Executed Under PPP (Public-Private Partnership) Mode

Want create site? With Free visual composer you can do it easy.

Date of Post: 31 May, 2018

Visakhapatnam: The Central and state governments have cleared the worth Rs 8,000 crore Light Metro Rail project in Visakhapatnam. As per the agreement, the AMRC (Amaravati Metro Rail Corporation) will bear 50% cost of the project and will be executed under public-private partnership (PPP) mode.

More Information:

  • The execution responsibilities of the project will be entrusted to Visakhapatnam Urban Development Authority (VUDA).
  • A DPR (Detailed Project Report) will be soon made and sent for approval to the government.
  • The Phase-I of the project will cover a distance of 42.54 km from Gajuwaka to Kommadi, under the limits of the Greater Visakhapatnam Municipal Corporation (GVMC).

Image Credit: Av9 – Wikimedia Commons


Author:

Deepak Kumar is a part of the content team of Rail Analysis India as a writer and analyst .
His focus is on new initiatives on the Railway Sector of India . 
Please reach us at editor@railanalysis.com for more information .


 

Did you find apk for android? You can find new Free Android Games and apps.

Leave a Reply

Be the First to Comment!

Notify of
avatar